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ALL ORDINARIES finishes higher Monday: 8 shares you missed

Credit: Cimexus

Australia’s S&P/ASX 200 (Index: ^AXJO)(ASX: XJO) and ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) indices finished higher on Monday.

Here’s a short recap of the Australian market:

  • S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) higher 0.3% to 5,886.00
  • ALL ORDINARIES (Index: ^AXAO) (ASX: XAO) higher 0.20% to 5,976.00
  • AUD/USD at US 77 cents
  • Gold at US$1,333.30 an ounce
  • Brent Oil at US$74.05 a barrel

One of the biggest price movements today was iSelect Ltd’s (ASX: ISU) fall of 55% after a large profit downgrade and news of the CEO leaving the company.

Regional bank Bendigo and Adelaide Bank Ltd (ASX: BEN) was the best performer in the ASX200, it rose over 5% after a broker upgraded its view of the shares.

The managing director of Blue Sky Alternative Investments Ltd (ASX: BLA), Rob Shand, resigned today – this sent the Blue Sky share price down another 10.4%.

AMP Limited (ASX: AMP) is not faring well from the royal commission, it fell another 3% today.

Brokers and investors aren’t pleased with the Australian Pharmaceutical Industries Ltd (ASX: API) result which was released last week, the share price has dropped another 6.3%.

Market confidence of G8 Education Ltd (ASX: GEM) continues to fall, the share price fell 3.9% today to $2.22, even though some brokers believe it’s a buy.

Galaxy Resources Limited (ASX: GXY) released its quarterly figures today, the market didn’t like it with the share price dropping by 3%.

Finally, Kogan.Com Ltd (ASX: KGN) also released its quarterly result, investors really didn’t like the numbers and sent the price down 17.8%.

Here are some of today’s top stories:

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Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has recommended G8 Education Limited and Kogan.com ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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